Proposed Provision: Increase the number of years used to calculate benefits for retirees and survivors (but not for disabled workers) from 35 to 40, phased in over the years 2012-2020.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
Year |
Present Law |
Provision |
2011 | 353 | 353 |
2012 | 347 | 347 |
2013 | 341 | 341 |
2014 | 334 | 334 |
2015 | 328 | 328 |
2016 | 321 | 322 |
2017 | 314 | 315 |
2018 | 306 | 308 |
2019 | 296 | 299 |
2020 | 284 | 288 |
2021 | 272 | 277 |
2022 | 259 | 265 |
2023 | 245 | 252 |
2024 | 230 | 239 |
2025 | 214 | 225 |
2026 | 198 | 211 |
2027 | 181 | 195 |
2028 | 164 | 179 |
2029 | 145 | 163 |
2030 | 127 | 146 |
2031 | 107 | 129 |
2032 | 87 | 111 |
2033 | 67 | 93 |
2034 | 46 | 75 |
2035 | 25 | 56 |
2036 | 4 | 37 |
2037 | -18 | 18 |
2038 | -40 | -1 |
2039 | -62 | -20 |
2040 | -85 | -39 |
2041 | -108 | -59 |
2042 | -130 | -78 |
2043 | -153 | -98 |
2044 | -176 | -117 |
2045 | -200 | -137 |
2046 | -223 | -157 |
2047 | -247 | -177 |
2048 | -271 | -197 |
2049 | -295 | -217 |
2050 | -319 | -237 |
2051 | -343 | -257 |
2052 | -368 | -278 |
2053 | -393 | -298 |
2054 | -418 | -319 |
2055 | -443 | -340 |
2056 | -468 | -361 |
2057 | -494 | -382 |
2058 | -521 | -404 |
2059 | -548 | -427 |
2060 | -575 | -449 |
2061 | -602 | -472 |
2062 | -630 | -495 |
2063 | -659 | -519 |
2064 | -687 | -542 |
2065 | -716 | -566 |
2066 | -746 | -591 |
2067 | -775 | -615 |
2068 | -805 | -640 |
2069 | -835 | -665 |
2070 | -866 | -690 |
2071 | -897 | -716 |
2072 | -928 | -742 |
2073 | -960 | -769 |
2074 | -992 | -796 |
2075 | -1025 | -823 |
2076 | -1058 | -851 |
2077 | -1092 | -879 |
2078 | -1126 | -908 |
2079 | -1161 | -937 |
2080 | -1196 | -967 |
2081 | -1232 | -997 |
2082 | -1268 | -1028 |
2083 | -1305 | -1059 |
2084 | -1342 | -1090 |
2085 | -1380 | -1122 |
2086 | -1419 | -1155 |
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